Analyzing the Impact of Technological Innovation: A Case of Tesla's Self-driving Technology
Year: 2024
Type: article
Abstract: Against the backdrop of rapid global economic development, autonomous driving technology, as a revolutionary change, has attracted a large number of investors and corporate enterprises to invest and explore. This paper studies Tesla's R&D investment in Autopilot technology and its impact on market competitiveness between 2017 and 2019. By analyzing data from Tesla's official website and other reliable sources, the study finds that Tesla's high R&D investment and data-driven approach have significantly improved the safety and reliability of its Autopilot technology. For example, Tesla's Autopilot system enables a highly automated driving experience through multiple sensors and powerful computing capabilities. The results show that Tesla's leadership in Autopilot technology has greatly enhanced its market competitiveness and driven the industry as a whole. The study's conclusion suggests that Tesla's technological innovation not only improves the company's competitiveness but also drives changes in the mobility ecosystem, which has a positive impact on Tesla's development.
Author: Tongshu Xiao
Language: English
Subfield: Automotive Engineering
Field: Engineering
Domain: Physical Sciences
Open Access status: hybrid
OpenAlex ID: W4403371858